crack me up... the saudis probably buy up more american debt than americans collectively pay them at the pumps... it's no secret that uncle sam protects these middle-east oil dictatorships because they in turn recycle their petrodollars either through wall street or buy up those soon to be worthless govt t-bills.
if you stop the flow of petrodollar recycling from these dictatorships who's going to buy up all the empire's debt in a nation of twin deficits and debtors... china will only float the usd against the euro until simple economics force them to dump their holdings.
sure... you could get all neocon socialist about it and inflate and export your inflation via the world currency onto the backs of other hard working countries... like in the 70's... or you could just man up and raise taxes and pay for your lifestyles yourselves.
it's pretty basic stuff...